Quick Answer. A limited government is a constitutional government with limited power and checks and balances in place whereas an unlimited government is an authoritarian and totalitarian government. The United States is an example of a limited government. Continue Reading
According to IAS 27, Subsidiary is defined as an entity over which the parent exerts control, i.e. the power to govern the financial and operating matters and to obtain benefits from its activities. In order to do this, the parent has to acquire a percentage of ownership exceeding 50% in the holding company.
A parent company is a company that owns enough voting stock in another firm (subsidiary) to control management and operations by influencing or electing its board of directors. A parent company could simply be a company that wholly owns another company.